Vertical Aerospace’s total taxpayer backing rises to £37m but investors largely remain scepticalBritain’s flying taxi pioneer, Vertical Aerospace, has been handed another £8m grant from the government, taking its total taxpayer backing to £37m as it tries to get its electric aircraft off the ground.The company said the funding to develop the propellers for its electric vertical take-off and landing (eVtol) aircraft was a “vote of confidence” in its technology, despite recent struggles. Continue reading…
